Energy Transfer Stock Forecast, Price & News

+0.08 (+1.00 %)
(As of 04/22/2021 12:00 AM ET)
Today's Range
Now: $8.06
50-Day Range
MA: $8.00
52-Week Range
Now: $8.06
Volume18.78 million shs
Average Volume21.56 million shs
Market Capitalization$21.78 billion
P/E RatioN/A
Dividend Yield7.64%
Energy Transfer LP provides energy-related services. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and 12,340 miles of interstate natural gas pipelines. It also sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. In addition, the company owns and operates natural gas gathering and natural gas liquid (NGL) pipelines, processing plants, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transports and supplies water to natural gas producers in Pennsylvania. Further, it owns approximately 4,823 miles of NGL pipelines; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 50 million barrels (MMBbls); and other NGL storage assets and terminals with an aggregate storage capacity of approximately 17 MMBbls. Additionally, the company sells gasoline, middle distillates, and motor fuel at retail, as well as crude oil, NGLs, and refined products; operates convenience stores; and distributes motor fuels and other petroleum products. It provides natural gas compression services; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.
Energy Transfer logo

Industry, Sector and Symbol

Industry Natural gas transmission
Year Founded2001



Sales & Book Value

Annual Sales$54.21 billion
Cash Flow$2.99 per share
Book Value$12.88 per share


Net Income$3.59 billion


Outstanding Shares2,702,436,000
Market Cap$21.78 billion
Next Earnings Date5/10/2021 (Estimated)


Energy Transfer (NYSE:ET) Raised to "Outperform" at Evercore ISI
April 22, 2021 |  americanbankingnews.com
Energy Transfer (NYSE:ET) PT Raised to $10.00
April 21, 2021 |  americanbankingnews.com
Is ET Stock A Buy or Sell?
April 20, 2021 |  finance.yahoo.com
Three Energy Stocks with Great Dividends
April 16, 2021 |  nasdaq.com
Energy Transfer (NYSE:ET) Stock Price Up 3.4%
April 9, 2021 |  americanbankingnews.com
See More Headlines


Overall MarketRank

2.79 out of 5 stars

Oils/Energy Sector

1st out of 666 stocks

Natural Gas Transmission Industry

1st out of 36 stocks

Analyst Opinion: 4.5Community Rank: 2.8Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 2.5 5 -4 -3 -2 -1 -
+0.08 (+1.00 %)
(As of 04/22/2021 12:00 AM ET)
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Energy Transfer (NYSE:ET) Frequently Asked Questions

Is Energy Transfer a buy right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last year. There are currently 2 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Energy Transfer stock.
View analyst ratings for Energy Transfer
or view top-rated stocks.

What stocks does MarketBeat like better than Energy Transfer?

Wall Street analysts have given Energy Transfer a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Energy Transfer wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Energy Transfer?

Energy Transfer saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 65,340,000 shares, an increase of 76.8% from the March 15th total of 36,950,000 shares. Based on an average trading volume of 22,340,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.9% of the shares of the company are short sold.
View Energy Transfer's Short Interest

When is Energy Transfer's next earnings date?

Energy Transfer is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Energy Transfer

How were Energy Transfer's earnings last quarter?

Energy Transfer LP (NYSE:ET) released its quarterly earnings data on Tuesday, February, 16th. The pipeline company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.07. The pipeline company earned $10.03 billion during the quarter, compared to analysts' expectations of $10.33 billion. Energy Transfer had a positive trailing twelve-month return on equity of 8.23% and a negative net margin of 0.64%.
View Energy Transfer's earnings history

How has Energy Transfer's stock price been impacted by Coronavirus (COVID-19)?

Energy Transfer's stock was trading at $7.05 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ET stock has increased by 14.3% and is now trading at $8.06.
View which stocks have been most impacted by COVID-19

How often does Energy Transfer pay dividends? What is the dividend yield for Energy Transfer?

Energy Transfer announced a quarterly dividend on Friday, January 29th. Shareholders of record on Monday, February 8th will be given a dividend of $0.1525 per share on Friday, February 19th. This represents a $0.61 annualized dividend and a dividend yield of 7.57%. The ex-dividend date is Friday, February 5th.
View Energy Transfer's dividend history

Is Energy Transfer a good dividend stock?

Energy Transfer pays an annual dividend of $0.61 per share and currently has a dividend yield of 7.64%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Energy Transfer does not yet have a strock track record of dividend growth. The dividend payout ratio of Energy Transfer is 42.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Energy Transfer will have a dividend payout ratio of 45.86% next year. This indicates that Energy Transfer will be able to sustain or increase its dividend.
View Energy Transfer's dividend history.

When did Energy Transfer's stock split? How did Energy Transfer's stock split work?

Shares of Energy Transfer split on the morning of Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly created shares were issued to shareholders after the market closes on Thursday, June 12th 2014. An investor that had 100 shares of Energy Transfer stock prior to the split would have 200 shares after the split.

What price target have analysts set for ET?

16 brokers have issued 12 month target prices for Energy Transfer's shares. Their forecasts range from $6.00 to $16.00. On average, they anticipate Energy Transfer's share price to reach $10.71 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price.
View analysts' price targets for Energy Transfer
or view top-rated stocks among Wall Street analysts.

Who are Energy Transfer's key executives?

Energy Transfer's management team includes the following people:
  • Mr. Kelcy L. Warren, Exec. Chairman of LE GP, LLC (Age 65, Pay $6.39k)
  • Mr. Marshall S. McCrea III, Co-CEO & Director of LE GP, LLC (Age 62, Pay $2.98M)
  • Mr. Thomas E. Long, CO-CEO & Director of LE GP, LLC (Age 64, Pay $644.68k)
  • Mr. Matthew S. Ramsey, COO & Director of LE GP, LLC (Age 66, Pay $745.49k)
  • Mr. Thomas P. Mason, Exec. VP, Gen. Counsel & Pres – LNG of LE GP, LLC (Age 64, Pay $675.69k)
  • Mr. Bradford D. Whitehurst, Chief Financial Officer of LE GP, LLC (Age 46)
  • Mr. A. Troy Sturrock, Sr. VP, Controller & Principal Accounting Officer of LE GP, LLC (Age 50)
  • Mr. Brent Ratliff, VP, Investor Relations
  • Mr. Kevin J. Smith, Exec. VP

What is Kelcy L. Warren's approval rating as Energy Transfer's CEO?

109 employees have rated Energy Transfer CEO Kelcy L. Warren on Glassdoor.com. Kelcy L. Warren has an approval rating of 74% among Energy Transfer's employees.

Who are some of Energy Transfer's key competitors?

What other stocks do shareholders of Energy Transfer own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD), AT&T (T), Targa Resources (TRGP), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Ford Motor (F) and Verizon Communications (VZ).

What is Energy Transfer's stock symbol?

Energy Transfer trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET."

Who are Energy Transfer's major shareholders?

Energy Transfer's stock is owned by many different institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (0.96%), Miller Howard Investments Inc. NY (0.16%), Walnut Private Equity Partners LLC (0.09%), Adams Asset Advisors LLC (0.04%), Centric Wealth Management (0.03%) and Spirit of America Management Corp NY (0.02%). Company insiders that own Energy Transfer stock include James Richard Perry, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray C Davis, Richard D Brannon, Thomas E Long and Thomas P Mason.
View institutional ownership trends for Energy Transfer

Which major investors are selling Energy Transfer stock?

ET stock was sold by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Spirit of America Management Corp NY, Clarus Group Inc., FDx Advisors Inc., Regent Investment Management LLC, NuWave Investment Management LLC, Boenning & Scattergood Inc., and BLB&B Advisors LLC.
View insider buying and selling activity for Energy Transfer
or view top insider-selling stocks.

Which major investors are buying Energy Transfer stock?

ET stock was acquired by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Miller Howard Investments Inc. NY, Dfpg Investments LLC, International Assets Investment Management LLC, Centric Wealth Management, Gibraltar Capital Management Inc., Mcdonald Partners LLC, and Adams Asset Advisors LLC. Company insiders that have bought Energy Transfer stock in the last two years include James Richard Perry, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray C Davis, Richard D Brannon, and Thomas E Long.
View insider buying and selling activity for Energy Transfer
or or view top insider-buying stocks.

How do I buy shares of Energy Transfer?

Shares of ET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Energy Transfer's stock price today?

One share of ET stock can currently be purchased for approximately $8.06.

How much money does Energy Transfer make?

Energy Transfer has a market capitalization of $21.78 billion and generates $54.21 billion in revenue each year. The pipeline company earns $3.59 billion in net income (profit) each year or $1.45 on an earnings per share basis.

How many employees does Energy Transfer have?

Energy Transfer employs 11,421 workers across the globe.

When was Energy Transfer founded?

Energy Transfer was founded in 2001.

What is Energy Transfer's official website?

The official website for Energy Transfer is www.energytransfer.com.

Where are Energy Transfer's headquarters?

Energy Transfer is headquartered at 8111 Westchester Drive Suite 600, DALLAS TX, 75225.

How can I contact Energy Transfer?

Energy Transfer's mailing address is 8111 Westchester Drive Suite 600, DALLAS TX, 75225. The pipeline company can be reached via phone at 214-981-0700 or via email at [email protected]

This page was last updated on 4/23/2021 by MarketBeat.com Staff
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